Hindalco Industries Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 02:46 pm
12-08-2025 | 02:46 pm
Hindalco has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue reached ₹64,232 Cr, with profit hitting ₹4,004 Cr. Key strategic moves include the acquisition of US-based AluChem for $125 million, boosting its specialty alumina business, and the approval to acquire EMIL Mines. Its subsidiary, Novelis, issued ₹3,428 Cr bonds for its Bay Minette plant and launched a $750 million senior note offering. Additionally, Mr. Dandiwala ceased as an Independent Director, and Mr. Maheshwari resigned as Whole-time Director.
No comments yet. Be the first to comment!
